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BTC $74,972.06 +0.14%
ETH $2,336.71 -0.64%
BNB $628.69 +0.85%
XRP $1.44 +1.87%
SOL $88.15 +3.14%
TRX $0.3258 +0.04%
DOGE $0.0979 +1.47%
ADA $0.2553 +2.03%
BCH $448.98 +1.50%
LINK $9.44 +1.35%
HYPE $43.56 -3.88%
AAVE $113.39 +6.26%
SUI $0.9866 +1.00%
XLM $0.1661 +3.26%
ZEC $333.85 -2.83%

Data: As of the end of March this year, Animoca's balance sheet holds $558 million in digital assets, with a total of $291 million in cash and stablecoins

2024-04-26 17:15:39
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ChainCatcher news, according to Tech In Asia, as of March 31, 2024, Animoca Brands holds a total of $291 million in cash and stablecoins, up from $194 million held on April 30 last year. Additionally, Animoca stated that it holds $558 million in digital assets on its balance sheet. Since December 2023, Animoca's external investments and token issuances have increased its digital portfolio by $266 million.

Aside from the balance sheet, Animoca's Web3 subsidiary holds approximately $1.8 billion in token reserves. Moreover, this figure does not include the value of nearly 400 minority equity investments in other Web3 businesses.

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